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Sunshine Corporate Park - Sector 94 Noida

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Sunshine Corporate Park - Sector 94 Noida

Last updated: December 19 2018
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  • Sunshine Corporate Park - Sector 94 Noida

    Friends,

    Some time back many of us discussed about Sunshine commercial project , that is getting launched in Jan 12.

    Location - Sector 94. if you straight on city centre metro route and cross Mahamaya you would see Hyatt in your left..take left and you would see HCL , Dell, Windson Park, and lots of other operational companies, Amity College, near to Kalindi Kunj. In front of HCL there is a road..Thats the road which has the SSH new commercial plot


    Near by Area: Complete Commercial no Residential at all .

    Plan: Launching 2 towers in 2.5 acres with 14 towers each..Ther are approx 50-60 office spaces at 1 floor. Plan is to launch Big Retails at Ground, First Floor, second floor, Food Court and Studio Apartments. Studio / Food Court is not launched yet and most probably would be leased by company itself, club, disco, gym, swimming pool etc.

    Competitors: Supertech Supernova, Logix La Premiera, BPTP Commercial

    Rates for Offices which are open in soft launch are approx 9,000 in flexi.

    Undoubtedly location look exciting however neighboring area is only commercial..no residential at all and SSH has opened only office space which starts from somewhere around 325 sqft to ...

    My question are:

    1) if there are no residential at all, so not much foot fall, all the offices business will be dependent on only company employees?

    2) SSH not planning to sell the food court / studio etc. would this makes more difficult for investors which have only option for office space ?

    3) with all the competitors like Supernova, La premeira, bptp what would be sunshine future?

    With all these facts, how would be investing a small office 325/425 sqft and exiting from this project with a horizon of 3-4 years or on possession which is planned for 2014-2015

    Comments Please..
  • #2

    #2

    Re : Sunshine Corporate Park - Sector 94 Noida

    Originally posted by Mrindianoida View Post
    Friends,

    Some time back many of us discussed about Sunshine commercial project , that is getting launched in Jan 12.

    Location - Sector 94. if you straight on city centre metro route and cross Mahamaya you would see Hyatt in your left..take left and you would see HCL , Dell, Windson Park, and lots of other operational companies, Amity College, near to Kalindi Kunj. In front of HCL there is a road..Thats the road which has the SSH new commercial plot.
    Location is really good.


    Near by Area: Complete Commercial no Residential at all.

    Plan: Launching 2 towers in 2.5 acres with 14 towers each..Ther are approx 50-60 office spaces at 1 floor. Plan is to launch Big Retails at Ground, First Floor, second floor, Food Court and Studio Apartments. Studio / Food Court is not launched yet and most probably would be leased by company itself, club, disco, gym, swimming pool etc.
    can we get some details of the plans?

    Competitors: Supertech Supernova, Logix La Premiera, BPTP Commercial

    Rates for Offices which are open in soft launch are approx 9,000 in flexi.
    prices look to be on the higher side but still attractive.

    Undoubtedly location look exciting however neighboring area is only commercial..no residential at all and SSH has opened only office space which starts from somewhere around 325 sqft to ...
    size of 325 sqft for office space looks small as the covered area would be around 220sqft.

    My question are:

    1) if there are no residential at all, so not much foot fall, all the offices business will be dependent on only company employees?
    Opposite side is full of residential and jaypee wishtown is on the same side. all this will be operational and occupied in 3 yrs, jaypee in 5 yrs.

    2) SSH not planning to sell the food court / studio etc. would this makes more difficult for investors which have only option for office space ? This is positive as more the retention better for investors.

    3) with all the competitors like Supernova, La premeira, bptp what would be sunshine future? The best will survive and succeed

    With all these facts, how would be investing a small office 325/425 sqft and exiting from this project with a horizon of 3-4 years or on possession which is planned for 2014-2015.size is small and will be like virtual unit.

    Comments Please..
    hi mrnoida,

    need to know what are the plans on leasing etc.
    MM

    Comment

    • #3

      #3

      Re : Sunshine Corporate Park - Sector 94 Noida

      As of now, company does not guarantee lease, its your luck and efforts only.


      Originally posted by Munish Malhautra View Post
      hi mrnoida,

      need to know what are the plans on leasing etc.

      Comment

      • #4

        #4

        Re : Sunshine Corporate Park - Sector 94 Noida

        SSH not planning to sell the food court / studio etc. would this makes more difficult for investors which have only option for office space ?

        Ideally it should have been other way round. STAY AWAY FROM IT.

        How can an individual bring offices to the property...they can't. It should have been builder shouldering that responsibility and bringing companies to the property.

        Comment

        • #5

          #5

          Re : Sunshine Corporate Park - Sector 94 Noida

          strange no one is talking about new commercial project

          In today's HT there is a news for Metro from Kalinidi Kunj

          life in a metro - Work on R874 crore Noida-south Delhi Metro stretch to begin in January

          and in 99 acres, ready to move office space available at 12,000 psf in resale at 4th floor

          Commercial Office/Space in Sector-18 Noida Noida - - for sale - ************



          Originally posted by Jai_Singh View Post
          SSH not planning to sell the food court / studio etc. would this makes more difficult for investors which have only option for office space ?

          Ideally it should have been other way round. STAY AWAY FROM IT.

          How can an individual bring offices to the property...they can't. It should have been builder shouldering that responsibility and bringing companies to the property.

          Comment

          • #6

            #6

            Re : Sunshine Corporate Park - Sector 94 Noida

            The official website of the project is live now.

            Welcome to Sunshine TRADE::

            But I am not at all convinced about the project. location and builder both are very good. But rates are super expensive.

            Look at the studio apartment.
            Super area: 509 sqft
            Usable area: Just around 165 sqft

            That is an earth shattering loading of around 67%!!!!!

            And even after that, the rates are:

            BSP of 8850 in Down Payment!
            +
            Lease rent 750 psf
            +
            IFMS 200 psf
            +
            PLC 250 psf (inside facing. 500 osf for outside facing)

            = 51L
            +
            2nd basement parking 3.5 L

            = 54.5L

            24 * 12.5 size ke studio aptt ke liye 55 LAKH!!!

            Comment

            • #7

              #7

              Re : Sunshine Corporate Park - Sector 94 Noida

              Originally posted by fatichar View Post
              The official website of the project is live now.

              Welcome to Sunshine TRADE::

              But I am not at all convinced about the project. location and builder both are very good. But rates are super expensive.

              Look at the studio apartment.
              Super area: 509 sqft
              Usable area: Just around 165 sqft

              That is an earth shattering loading of around 67%!!!!!

              And even after that, the rates are:

              BSP of 8850 in Down Payment!
              +
              Lease rent 750 psf
              +
              IFMS 200 psf
              +
              PLC 250 psf (inside facing. 500 osf for outside facing)

              = 51L
              +
              2nd basement parking 3.5 L

              = 54.5L

              24 * 12.5 size ke studio aptt ke liye 55 LAKH!!!
              Then WAVE is better option.
              Thanks

              Comment

              • #8

                #8

                Re : Sunshine Corporate Park - Sector 94 Noida

                I feel not buying any commercial at present is the best option.

                Comment

                • #9

                  #9

                  Re : Sunshine Corporate Park - Sector 94 Noida

                  very true. Sunshine has super expensive rates may be they are following old funda..negotiate and negotiate...but loading is drastically less this time.

                  I strongly feel that even after a grand launching and great commitments they are not able to sell commercial office spaces, chambers.

                  because of 1) no gurantee for lease gurantee 2) High Prices 3) Assured returns only till possession with super high rates.

                  I was eagrly waiting for this project but when I saw the layouts, rates and unit size, I changed my mind.

                  my own pov: If they would have launched residential project it would have got outstanding reponse because of their previous reputation and goodwill.

                  Comment

                  • #10

                    #10

                    Re : Sunshine Corporate Park - Sector 94 Noida

                    Just hope that if this project is a flop, as it probably would be, Helios is not affected.

                    Comment

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